Mr Waks told AAP on Friday he will be able provide for his family and continue his advocacy for abuse victims with the compensation paid to him by the orthodox Jewish organisation that operated Yeshivah College, where he was sexually abused as a boy.

"Nothing will completely take away the pain and suffering," the 42-year-old said in a statement.

"But sometimes justice feels sweet.

"Today, I feel a sense of justice and vindication."

Mr Waks said lawyers on behalf of Yeshivah wanted to meet with him to apologise and update him on the work they are doing at Yeshivah to address the issue of child sexual abuse.

He told Yeshivah he would only meet with them if two the centre's rabbis implicated in the Royal Commission into Institutional Responses to Child Sexual Abuse were stood down.